The Problem and Solution in the BI Market

A recent post on the PARIS Tech Blog, The Problem in the BI Market, highlights a few key facts/issues in the BI market. Some of these include disconnected applications, disconnected IT and front-end users, and slow processing times.

Most interesting is the emphasis on connectivity between applications becoming important in the BI market. Presently, most firms struggle to move data collected in one system into another for reporting or delivering to upper management. PARIS suggests that software products will begin to prioritize more and more the ability to collaborate across platforms—sharing data smoothly from one place to another.

The PARIS Tech post discusses IT and end-users being able to use their preferred applications and a shared data set, which leads to the next interesting bit, their emphasis on collaboration and productivity. The software products that will succeed in the future BI market will be those that allow people to easily collaborate because their applications will be connected. They will also automate manual processes and calculations that are performed in Excel today.

Improved collaboration and productivity influence peoples’ lives for the better and makes them enjoy their work more, while they also drive the business towards profitability.